2.) A business has budgeted to spend between \( \$ 500 \) and \( \$ 1000 \) a month on making advertising posters. It costs \( \$ 2 \) per poster, along with a monthly cost of \( \$ 300 \) for ink.
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Let’s break it down! With a budget of \( \$ 500 \) to \( \$ 1000 \) and a fixed ink cost of \( \$ 300 \), the remainder of the budget available for posters will be between \( \$ 200 \) and \( \$ 700 \). Since each poster costs \( \$ 2 \), you can produce between \( 100 \) posters (if you spend \( \$ 500 \)) and \( 350 \) posters (if you spend \( \$ 1000 \)). To maximize your budget, keep an eye on the number of posters you can produce. A common mistake is forgetting to factor in all the costs; always ensure to deduct fixed costs like ink before calculating how many posters you can print! If you plan to adjust your budget month to month, be sure to reassess after each advertising campaign to find your sweet spot!